Supply and Demand
Is now the best time to short gold prices?I don't think so. I believe you have read the article I posted yesterday. If not, read it again.
Is the accuracy of the fast trading strategy amazing? Indeed. This is the strength of the fast trading strategy analysis team.
At present, the values mentioned yesterday have been fully achieved today. Today, I led all members to go long on gold prices again to expand profits. There are about 9 profitable orders. You can refer to the fast trading strategy grouping
Tomorrow's trading direction: Check above to see if the position of 2786 can be successfully broken through. If not, you can refer to the opportunity to sell above 2786 and buy near 2770 tomorrow. If it breaks through, then 2800 points is not far away. At present, there is no major news to promote it. Focus on the initial jobless claims data on Thursday night and the release of non-farm data on Friday. This week's time is also very tight. After all, good trading opportunities want to expand profits. Members of the fast trading team are no exception. So I am also busy.
Market analysis for three days this week. The accuracy of the signals is obvious to all. Trading is actually very simple. As long as there is trading funds in the account, everyone can leave me a message. Everyone has equal opportunities. No one wants to be a person who keeps losing money! Everyone agrees, right?
There are only two trading opportunities left this week, and the trading space is still very large. The proportion of making money. The probability of making 70% profit on 100k is more than 95%. The probability of making 100% profit is more than 85%. The above are all cumulative data. People who continue to pay attention know this.
Regarding trading, this is all I will notify you today. If you have any questions, you can leave me a message at any time. I will reply and solve them in time when I see them.
GBP/NZDGBP/NZD. I have the following preview for this pair>> I would expect Liq to reach, on 4H TF we are Bullish. On 30M TF we closed above today's VAH and we closed above the short m2. I have a lot of support below me that the price should hold >> we have wPOC, 2x M2 Long, vpocr and the edge of 4H M2. I have a stoploss below the second Longovoz M2 with PT on the Liq selection and hitting the untested short M2.
Key Levels to Confirm Bullish Reversal or Extend DowntrendEUR/USD Technical Analysis
The price is likely to attempt to reach 1.0915 from the pivot line, with the possibility of a retest down to 1.0832 before initiating a bullish trend.
Bearish Scenario: If the price remains below 1.0772, this would indicate a continuation of the downtrend towards the support level at 1.0680.
Bullish Scenario: A break and a sustained move above 1.0865 could confirm a bullish move toward 1.0915, with further potential to reach 1.1005, signaling upward momentum.
Key Levels:
Pivot Line: 1.0830
Support Lines: 1.0770, 1.0680, 1.0618
Resistance Lines: 1.0915, 1.1000, 1.1082
Trend Outlook:
Bearish by stability under 1.0772
Bullish by stability above 1.0830
Trading Alert: Ready for a Bounce to 2810? XAUUSD Market Insights:
Supply Zone: Currently facing resistance at 2788-90.
Support Level: Key buying opportunity at 2780-74.
Target: Aiming for 2810.
Upcoming Catalyst: NFP report this Friday could create volatility.
Strategy:
Watch for a bullish reversal at support to enter a long position.
Be ready for potential price swings around the NFP release.
Feedback Welcome: If you like this analysis, your support would be appreciated!
Dow Jones Index (US30): Support & Resistance Analysis
Here is my latest support & resistance analysis for US30.
Resistance 1: 42450 - 42720 area
Resistance 2: 43280 - 43310 area
Support 1: 41616 - 41886 area
Support 2: 40850 - 41182 area
Support 3: 40000 - 40240 area
Consider these structures for pullback/breakout trading.
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SasanSeifi| Dogecoin on the Rise? Hey there, ✌ In the daily timeframe, Dogecoin BINANCE:DOGEUSDT has entered a ranging phase following a lengthy downtrend, effectively maintaining the vital support level at 0.90 cents. As depicted in the chart, the downtrend line has been decisively broken, with the price currently trading around 0.11300. This shift may signal a potential reversal in market sentiment.
🔶If Dogecoin manages to maintain the crucial range between 0.10000 and 0.096, it is expected to target short-term goals of 0.12500 and subsequently aim for the 0.14 to 0.15 cent range. These levels are pivotal for reinforcing a bullish trend.
🔵As the price progresses, it’s crucial to observe Dogecoin’s reaction around the 0.12500 level and the liquidity zone at 0.14. The expected trend is outlined in the chart, and the overall outlook currently leans bullish. Nevertheless, vigilance regarding market volatility remains essential.
💢This analysis is my personal viewpoint and not financial advice. If you found this helpful, please like and comment – I’d love to hear your thoughts! Happy trading! ✌😊
Bitcoin- Consolidation before ATH, but what next?At this moment, a new all-time high for BINANCE:BTCUSD seems likely, especially given the consolidation just below the previous ATH and the technical target from the small symmetrical triangle, which could push BTC above 75k soon.
However, I think the broader push everyone anticipates may not materialize.
Even if BTC briefly surpasses 80k, a 10-15% gain might not mean much in the grand scheme.
The media frenzy and crypto influencers projecting Bitcoin to pass 100k by year-end raise some caution for me.
I anticipate a peak around 80k or so, followed by a pullback into the familiar 50k–70k range, rather than a sustained breakout.
In summary, while I may buy in the short term, I’ll be closely watching for signs of weakness.
If these appear, I’ll switch to a short position, as I believe a false breakout from this flag pattern is a realistic scenario.
EURGBP Potential Bullish ReversalHi there,
EURGBP is experiencing bearish momentum below the trendline right now. A break below 0.83217 could signal a continuation of the bearish trend, targeting a bias of 0.82000.
It will need to be monitored as there is meaningful bullish pressure in the current candlestick.
Happy Trading,
K.
DC. Growth potential x10 in 8 days.If we extrapolate the historical chart to the present time, we can assume that asset is capable of experiencing a similar upward movement. Given the bull market factor and ratio of assets in liquidity pools on decentralized exchanges, x10 may only be the beginning of global growth.
XAU/USD 31 October 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Gold’s rally persists, driven by the Fed’s dovish stance and heightened geopolitical tensions, strengthening its safe-haven appeal.
Price has recently printed higher highs, bringing CHoCH positioning significantly closer to current price level. A bearish CHoCH has printed, signaling the first indication, though not a confirmation, of a potential bearish pullback phase initiation.
Price is now trading within an established internal range.
Intraday Expectation: Price is expected to continue bearish, potentially reacting at the H4 demand zone or the discount of the H4 internal 50% EQ before targeting the weak internal high.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
In yesterday’s intraday analysis, I mentioned that technically, price was expected to react at the internal 50% EQ discount to target the weak internal high. However, there was also potential for a bearish iBOS, which is exactly what unfolded.
Price has made multiple attempts to breach the strong internal high at 2,789.855 but has yet to succeed, leaving it intact.
Intraday Expectation: Price has reacted from the H4 supply zone. Technically, price is now expected to target the weak internal low at 2,770.925.
Note: Price remains highly volatile due to ongoing geopolitical tensions and the Fed’s dovish stance.
M15 Chart: